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Re: Guess Who Really Pays the Taxes

By: oldCADuser in FFFT | Recommend this post (0)
Thu, 22 Sep 11 2:55 AM | 39 view(s)
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Msg. 33954 of 65535
(This msg. is a reply to 33922 by ribit)

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But the vast majority of people in this country, unlike hedge fund managers, don't have lobbyists who got their paychecks reclassified as 'dividend' income for which their MAXIMUM tax rate is 15% (and as a side benefit is not even subject to payroll taxes), no matter how much they actually make, which for most of them is in the millions, some in the hundreds of millions, and in a couple of cases, over a billion.




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The above is a reply to the following message:
Re: Guess Who Really Pays the Taxes
By: ribit
in FFFT
Wed, 21 Sep 11 11:06 PM
Msg. 33922 of 65535

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...everybody pays 15 percent on capital gains.


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